Real Estate In Wilmington is a balanced market favoring buyers. There is significant amount of homes for sale in Wilmington, and buyers are not in a rush to buy yet. There is a 6.16 months supply of inventory on the market in Wilmington on December 31, 2018.



Now is the Time to Sell!

The average market time for a Single Family Homes to sell in Wilmington last month was 100 days.
The number of home sales in Wilmington from November 1, 2018 through November 30, 2018 was 11 units. That is 1% above the number of homes sold last month in Wilmington.

The average price per square foot in the area is now $76/Sq.Ft, which is 31% a decline from last month.



In Wilmington there were 2 units sold in November in the price range between $18,250 – $65,495 with an average of 2 bedrooms and 1 bathrooms and average Square footage of 750SF.

In Wilmington there were 6 units sold in November in the price range between $65,496 – $180,369 with an average of 2 bedrooms and 1.2 bathrooms and average Square footage of 834SF.

In Wilmington there were 3 units sold in November in the price range between $180,370 – $248,000 with an average of 2.7 bedrooms and 2.3 bathrooms and average Square footage of 1,635SF.

The middle price range had the most activity. Homes up to $180,369 were on the market on average 92 days and sold an average of $90,316.

If you are looking for a new home for you and your family, or looking for an investment property, you can’t go wrong by getting a prime piece of real estate in Wilmington. Search all Wilmington homes for Sale on propertyup.com If you are considering viewing Wilmington, you may want to do so now!

Wilmington
Oct 1, 2018 – Oct 31, 2018
Nov 1, 2018 – Nov 30, 2018
Month
October
November
Average Listing Price
$233,042
$235,226
Median Sales Price
$162,000
$112,740
Month supply of inventory
6.7
6.2
Market Time Detached
143 days
100 days
Market Time Attached
0 days
0 days
Inventory
168 properties
166 properties
Low price range
$38,000 – $100,000
$18,250 – $65,495
Low price range market time
89 days
100 days
Low price range units sold
0
2
Low price range bedrooms
1
2
Low price range bathrooms
1
1
Low price range approx sqft
400 SF
750 SF
Mid price range
$100,001 – $211,999
$65,496 – $180,369
Mid price range market time
128 days
92 days
Mid price range units sold
3
6
Mid price range bedrooms
3
2
Mid price range bathrooms
1.4
1.2
Mid price range approx sqft
1,380 SF
834 SF
High price range
$212,000 – $262,000
$180,370 – $248,000
High price range market time
220 days
116 days
High price range units sold
2
3
High price range bedrooms
4
2.7
High price range bathrooms
2.6
2.3
High price range approxsqft
2,075 SF
1,635 SF